Wall Street Journal Reported Netflix Sees Increase In Subscriptions As U.S. Password-Sharing Crackdown Begins, According To Antenna Data
Portfolio Pulse from Charles Gross
Netflix sees an increase in subscriptions as it begins its crackdown on password-sharing in the U.S., according to Antenna data reported by the Wall Street Journal.
June 09, 2023 | 12:08 pm
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Netflix's crackdown on password-sharing in the U.S. has led to an increase in subscriptions, potentially boosting its revenue.
As Netflix enforces its password-sharing policy, more users are likely to subscribe to the service individually, leading to an increase in subscriptions. This directly impacts Netflix's revenue, as more subscriptions translate to higher earnings. The news is highly relevant and important for investors, as it indicates a potential boost in the company's financial performance.
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